All but one of the Economic Modern Family members are trading under both their 50 and 200-day moving average.
That lone member, SMH moved into warning phase today, which means it’s trading over its 200 DMA but under its 50 …
Now I'm the king, and I want you to know
That I'm the Master Blaster Rapper who's runnin' the show-Kurtis Blow
Awesome song. Krush Groove 1985.
Our emcee now, however, is the adorned bear.
Oh yeah, he’s alive and well …
Following exactly what we anticipated, the Federal Reserve cut rates by ¼%.
Although they see "sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2% objective,” they go on to say, “uncertainties about this …
Hopefully, you all read last night’s Daily (07-29-19) on the Silver to Gold ratio and were able to take advantage of today’s set up.
If you recall, I wrote,” With the consolidation (SLV), we also see the price line retrace …
Here is an updated look at the silver daily chart and the silver to gold ratio.
The initial breakout in the daily chart of silver happened when silver cleared the 200 daily moving average (green line top chart.)
At that …
Thursday night I gave a talk at a bookstore in Albuquerque, New Mexico.
At every talk I have given, the Q & A lasts longer than the actual presentation.
Why?
Because most of the older folks who come to hear …
Weekly chart on Economic Modern Family.
Regional Banks KRE back under 50-WMA at 54.60
Transportation inside week.
Retail XRT and Biotechnology IBB struggling.
The Russell 2000 IWM must hold 154.
Semiconductors SMH strong, but under 120.70 suspect.
Get your copy …
I'll give you the sun
The rain
The moon
The stars and the mountains
I'll give you the world
And all that you wish for L.A. Reid & Babyface 1989
Tomorrow, the ECB meets.
We are standing by expecting a …
Although I am stepping back to 3x a week for the Daily, I thought it would be useful to see the Q and A I did today on the radio.
Furthermore, I share a link at the end from my …